Should Politicians Be Able to Use Prediction Markets? House Bill Proposes Ban – Decrypt

Jan 9, 2026 - 22:15
Should Politicians Be Able to Use Prediction Markets? House Bill Proposes Ban – Decrypt
In brief Rep. Torres proposed the Public Integrity in Financial Prediction Markets Act to keep federal officials off prediction markets. The bill follows controversy over a Polymarket trader winning a bet on Venezuelan President Nicolás Maduro’s removal, placed mere hours before his capture. Former House Speaker Nancy Pelosi is among 30 House members supporting the...

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